Wyloo Metals offers to buy Australia's Mincor Resources

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 21 (Reuters) - Australian billionaire Andrew Forrest-backed Wyloo Metals said on Tuesday its unit offered to buy all the shares of nickel miner Mincor Resources it does not already own for an implied equity value of A$750.3 million ($504.05 million). ($1 = 1.4885 Australian dollars) (Reporting by Himanshi Akhand in Bengaluru; Editing by Shounak Dasgupta)

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